This week's news… condensed

Prudential v FSA An explosive start to the week with the leak of an email by Prudential deputy chief executive Barry O'Dwyer, who had some harsh words to say about the FSA. Coutts fined There was a new entry to the top ten FSA fines table after Coutts was hit with a £8.75m bill for failing to take reasonable care to establish and maintain effective anti-money laundering systems and controls AIFA We can't imagine it will have encouraged more people to join the organisation, but AIFA called out the ‘free riders' who benefit from its efforts without paying for membership. Advise...